Beijing to impose sanctions on U.S. firms involved in $2.2B Taiwan arms deal

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Beijing to impose sanctions on U.S. firms involved in $2.2B Taiwan arms deal
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Beijing said it will issue sanctions against the U.S. companies involved in the latest arms sale to Taiwan, as tensions between China and the United States continue to rise

Beijing said on Friday it will issue sanctions against the U.S. companies involved in the latest arms sale to Taiwan, as tensions between China and the United States continue to rise.The foreign ministry said in a brief statement that the move by Washington had violated China’s territorial sovereignty and national security.

Beijing has made repeated calls to the U.S. for it to stop engaging in military exchanges with Taiwan, with the latest remarks coming after Washington on Monday approved the sale ofChina’s Foreign Minister Wang Yi said on a visit to Budapest on Friday that the U.S. should stop “playing with fire”. The deal will do little to ease the tension between China and the U.S., which are embroiled in multiple disputes on a range of issues, from trade and technology to Beijing’s militarization of the South China Sea.Sign up for Morning Defense, a daily briefing on Washington's national security apparatus.By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.

The deal is by far the most substantial since President Donald Trump took office in January 2017. Previous sales, announced in June 2017, September 2018 and April 2019, included training and maintenance/logistics support, as well as torpedoes, anti-radiation missiles and missile components. They were worth U.S. $500 million, U.S. $330 million and U.S. $1.42 billion respectively.

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